1. As a financial manager of a large firm, you plan to borrow $70 million over the next year. a. What are the most likely ways in which you can borrow $70million? b. Assuming that you decide to issue debt securities, describe the types of financial institutions that may purchase these securities 2. Find an online article and write about about a real world example regarding a specific financial institution or financial market that reinforces 1 or more concepts covered in chapter 1. Use the current years as a search tool to ensure your online article is recent. Post your summary of the article and make sure to include the UR 3. As the treasurer of a manufacturing company, your task is to forecast the direction of interest rates. You plan to borrow funds and may use the forecast of interest rates to determine whether you should obtain a loan with a fixed interest rate or one with a floating rate. You will need to consider the following information when assessing the future direction of interest rates. Economic growth has been high over the last two years, but you expect that it will be stagnant over the next year. Inflation has been 2 for the last few years and you expect that it will be about the same over the next year. The federal government has announced major cuts in its spending, which should have a major impact on the budget deficit. The overall level of savings by households is not expected to change. The Federal Reserve is not expected to affect the existing supply of loanable funds over the next year. a. Given this information, assess how the demand for and the supply of loanable funds would be affected, if at all, and predict the future direction of interest rates. b. You can obtain a one-year loan at a fixed rate of 8% or a floating rate loan that is currently at a rate of 8% but would be revised every month in accordance with general interest rate movements. Which type of loan is more appropriate based on the information provided?